Trading news

Market Roundup 28th October 2012

GOLD Resistance Levels: $ 1790.4 - $ 1801.5 - $ 1820.1 SUPPORT LEVELS: $ 1760.7 - $ 1742.1 - $ 1731.0 STRATEGY: Buy on Dips Long in the range $1766 - $1774; target $1784, $1794 and $1805, put stop loss at $1758. Silver Resistance Levels: $ 35.0 - $ 35.3 - $ 35.9 SUPPORT LEVELS: $ 34.1 - $ 33.5 - $ 33.2 STRATEGY: Buy on Dips Long above $34.30;targeting $35.00, and $35.30.Downside penetration of $34.30 may show $33.90 and $33.60. Crude Oil Resistance Levels: $ 93.1 - $ 94.0 - $ 95.6 SUPPORT LEVELS: $ 90.6 - $ 89.0 - $ 88.1 STRATEGY: Sell on Strength Sell below $94.00, target $90.00 and $88.00. Upside penetration of $94.00 may show $95.30 and $96.50 EURO / USD : Resistance Levels: $ 1.2951 - $ 1.2990 - $ 1.3051 SUPPORT LEVELS: $ 1.2851 - $ 1.2790 - $ 1.2751 STRATEGY: Neutral GBP / USD : Resistance Levels: $ 1.6266 - $ 1.6296 - $ 1.6350 SUPPORT LEVELS: $ 1.6182 - $ 1.6128 - $ 1.6098 STRATEGY: Neutral AUD / USD Resistance Levels: $ 1.0479 - $ 1.0516 - $ 1.0573 SUPPORT LEVELS: $ 1.0385 - $ 1.0328 - $ 1.0291 STRATEGY: Neutral

Wednesday, 03 Oct, 2012 / 5:44

Source : http://www.acmgold.com/news-analysis

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